Turkey’s rebar exports down 10 percent in January-April

Tuesday, 07 June 2016 17:01:27 (GMT+3)   |   Istanbul
       

In April this year, Turkey's rebar exports amounted to 445,588 metric tons, down 30 percent compared to March and falling by 30.6 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $164.7 million, decreasing by 41.8 percent compared to April 2015 and down 21.4 percent month on month.


 
In the January-April period of this year, Turkey's rebar exports amounted to 2.4 million mt, falling 10 percent, while the value of these exports decreased by 35.9 percent to $795.4 million, both compared to the same period of the previous year.
 
In the given period, Turkey's largest rebar export destination was the USA which received 458,235 metric tons, up 11.11 percent year on year. The USA was followed by the UAE with 416,269 metric tons and Egypt with 403,233 metric tons.
 
Turkey's top 10 rebar export destinations in the first four months:

 

Country

Amount (mt)

     
 

January- April 2016

January- April 2015

Y-o-y change (%)

April 2016

April 2015

Y-o-y change (%)

USA

458,235

412,400

11.11

152,600

42,744

257.01

UAE

416,269

512,145

-18.72

17,304

109,966

-84.26

Egypt

403,233

199,679

101.94

12,023

128,378

-90.63

Israel

277,596

171,188

62.16

109,070

64,542

68.99

Yemen

195,718

210,828

-7.17

55,954

30,889

81.15

Iraq

124,337

293,785

-57.68

30,267

94,222

-67.88

Ethiopia

81,002

55,551

45.82

17,646

24,897

-29.12

Colombia

56,614

26,761

111.55

-

-

-

Oman

43,859

78,201

-43.92

-

32,669

-

Chile

43,291

26,472

63.54

-

10,242

-

Turkey's main rebar export destinations on country basis in the first four months of the current year are presented below:


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